Trumpet (08-18-2019)
Not only is he desperate, but he is losing his mind. His administration talks about his crazy behavior and his terrible temper. He is repeating over and over, more than is normal for him even. He has not given a press conference in years. He stopped the daily pressers. He is trying to increase the covers he put around his admin.
One big economic boon will be the tell-all books from his former advisers and administration survivors. He will have to build a library for just them.
Trumpet (08-18-2019)
The inverted yield curve predicts a recession. It has been a reliable predictor.
Trumpet (08-18-2019)
Trump has set economic growth on fire. Here is how he did it
Source CNBC
During his time in office, the economy has achieved feats most experts thought impossible. GDP is growing at a 3 percent-plus rate. The unemployment rate is near a 50-year low. Meanwhile, the stock market has jumped 27 percent amid a surge in corporate profits.
Friday brought another round of good news: Nonfarm payrolls rose by a better-than-expected 201,000 and wages, the last missing piece of the economic recovery, increased by 2.9 percent year over year to the highest level since April 2009. That made it the best gain since the recession ended in June 2009.
Cancel 2020.2 (09-23-2019)
https://www.theatlantic.com/ideas/ar...-great/595408/
Here are some facts about the American economy:
Jobs have grown for 106 consecutive months, the longest streak on record.
At 121 months, this is the longest bull market in American history.
The unemployment rate has been at 4 percent or less for 16 consecutive months, the longest such streak in 50 years.
Inequality remains a crucial problem, but wages are now growing the fastest among the lowest-wage industries, thanks to state-by-state increases in the minimum wage and the effects of low unemployment.
The University of Michigan’s consumer-sentiment index, which peaked at 112 in 1999, has hovered above 90 for more than four years, something that hasn’t happened since the 1990s.
Latino unemployment has fallen to its lowest rate on record.
Black unemployment, too, has fallen to its lowest rate on record, and, as the investor and Bloomberg columnist Conor Sen points out, the unemployment rate for black teenagers, which peaked at 48.9 percent in 2010, has plunged to yet another record low in 2019.
Cancel 2020.2 (09-23-2019)
The trouble is that Trump's attempts to bully Iran into submission will cause a war, and the price of oil will go sky-high, buggering the world economy. Alexander the Great was the last bloke to conquer them convincingly, and Trumpf is not quite in his class, I think.
Cancel 2020.2 (09-23-2019)
How Terri can walk around in total ignorance is a marvel of medicine. https://www.bisnow.com/national/news...on-rates-99457 Business people are worried. Economists are worried. There are indicators flashing red. Try reading financial blogs and economists. Parroting right wing programs is not convincing.
Cancel 2020.2 (09-23-2019)
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